Digital banking enables customers to do their banking from the comfort of their own home or when out and about. Yet with increasing digitalisation, security concerns are growing, too. How secure is digital banking really?
For financial institutions, security in digital banking is of the highest priority. Swiss banks employ a wide range of technical and organisational measures to protect their systems and their customers’ data. In addition, banks are also continuously investing in new technology to always remain one step ahead of attackers.
The same as with drivers when driving, customers also contribute considerably to safety as far as digital banking is concerned. For instance, they should regularly back up their data, use antivirus software and always keep their software up-to-date. Unusual activities during any digital banking sessions should be notified at once and any banking sessions closed down, so that a financial institution can react as quickly as possible. Our “5 steps for your digital security” offer a simple introduction to comprehensive security in a digital setting.
Financial institutions and particularly «eBanking – but secure!» as well offer a variety of information materials and courses to keep customers up-to-date about security practices.
Security in the digital banking sector is a common responsibility of both banks and their customers. By implementing advanced security measures and supporting security-conscious behaviour, both sides can strengthen trust in the digital banking industry and minimise risks.
You can read our complete article “How secure is digital banking?” on MoreThanDigital here.
